PHILIPPINE conglomerates San Miguel Corp. (SMC) and Ayala Corp. are among the world’s best employers, according to a list compiled by Forbes magazine.
Of the nine Philippine firms that made it to this year’s edition of Forbes’ World Best Employers, only SMC landed in the top 50. The diversified conglomerate was ranked 42nd.
The eight other top Philippine employers are Ayala (139th), Metrobank (154th), Land Bank of the Philippines (187th), LT Group Inc. (421st), Century Pacific Food Inc. (453rd), Jollibee Foods Corp. (455th), BDO Unibank Inc. (585th) and Cebu Pacific (770th).
To determine the list, Forbes said it partnered with market research firm Statista to survey more than 300,000 employees in over 50 countries.
‘The surveys, which were conducted online, were independent of any corporations so that participants could remain anonymous. Survey respondents were asked where they worked via an open-ended question with an autofill option, and corporations were eligible for this ranking if they employed more than 1,000 people and operated globally.’
The participants noted how likely they were to recommend their employer to family and friends, and rated the company on such criteria as salary, career advancement opportunities, work-life balance and company reputation.
‘Survey respondents could also evaluate former employers (within the past two years) and companies they knew through their own industry knowledge and through friends and family who worked there.’
The responses were then tallied and put through a scoring system that included data from the previous three years, with heavier weight given to the more recent data and to the evaluations from current employees.
‘The corporations that earned the highest scores made our final ranking. And while the number of honorees per country varied based on the population and qualifying companies in each area, ultimately 900 companies made our list of the World’s Best Employers 2025,’ Forbes said.